0 White Plains RdEastchester, NY 10583

Property Details for 0 White Plains Rd

Year built

1965

Property size (Sq ft)

4,538 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use investment opportunity presents a 4,538 square foot building located at 823-825 White Plains Road in Eastchester, New York, 10583. The property, built in 1965, is a two-story Class C building boasting 100% occupancy across four units. Currently generating a substantial Net Operating Income (NOI) of $205,366, this property offers a compelling 7.10% capitalization rate. The asking price is $2,500,000. The versatile space is suitable for a variety of uses, including creative office, medical office, and storefront retail, making it an attractive option for diverse tenants. Situated on a high-traffic corner of White Plains Road, near the Bronx River Parkway, this property benefits from excellent visibility and accessibility. The surrounding area features a dense residential population exceeding 40,000 residents with an average household income of $310,000, ensuring a strong customer base. Ample parking is available for tenants and customers. This is a rare opportunity to acquire a well-performing, multi-tenant property in a prime Eastchester location. All information is believed accurate but not warranted.

Location Insight

City

Eastchester

County

Westchester

State

New York

Latitude

40.9689

Longitude

-73.8078

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